SAR saracen mineral holdings limited
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Hedging and realised gold price of A$1,584/oz the only thing...

  1. Barolobill
    6,908 Posts.
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    17/04/18
    09:37
    Post #: 32496927
    Hedging and realised gold price of A$1,584/oz the only thing that held them back. Added $188 cash per oz of production in the qtr, down from about $288 in the dec qtr. Still, an outstanding operational performance and the hedging will wash through. They should be in a position to start paying a dividend soon.
    Last edited by Barolobill: 17/04/18
    SAR Price at posting: $1.80 Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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